Binance

Binance.US CEO Brian Shroder has resigned, and the company has laid off a third of its staff amidst mounting regulatory pressure. What Happened: Shroder, has vacated his position as the company proceeds with a large-scale workforce reduction, as confirmed by CoinDesk on Tuesday. The crypto exchange...

Crypto exchange giant Binance (CRYPTO: BUSD) extended support for Terra Luna (LUNC) Classic’s latest upgrade for bringing major changes to the chain. The Terra Luna Classic community collectively approved the proposal — 99.85% “Yes” votes — for the v2.2.1 core...

Crypto exchange Binance’s NFT marketplace will terminate its support for Polygon to rationalize its product offerings. Starting Sep. 26, users will not be able to purchase, deposit, offer or list Polygon NFTs on the marketplace. This is likely to make way for new offerings or any...

In the dynamic world of cryptocurrency trading, a handful of exchanges have emerged as dominant forces, holding a substantial share of market liquidity. What Happened: Recent data sheds light on this concentration, revealing that a mere eight platforms control the lion's share of the market...

Major cryptocurrencies surged on Friday following reports that global financial powerhouse JPMorgan is venturing deeper into the world of cryptocurrencies. The company is said to be developing a cutting-edge blockchain-driven solution to facilitate seamless cross-border transactions....

Nearly half of the global population ventured into cryptocurrency investments, yet only a minuscule fraction, precisely 22, amassed a fortune exceeding a billion dollars from these holdings, according to the 2023 Crypto Wealth Report by Henley & Partners. The report's...

A fake screenshot featuring Mad Money host Jim Cramer surfaced on X (formerly Twitter), depicting him praising Binance and its CEO Changpeng Zhao (CZ).  What Happened: In the fraudulent screenshot, Cramer was allegedly quoted saying, “They proved collateral, not reserves, but CZ looks...

Changpeng Zhao, popularly known as CZ, the CEO of cryptocurrency exchange Binance, remains unfazed by the recent surge of regulatory scrutiny directed towards his company. What Happened: During a Twitter Spaces event on Friday, CZ said he sees this as an opportunity for Binance to showcase its...

Mastercard has severed its partnership with Binance, reflecting a broader trend of traditional financial institutions becoming increasingly cautious about affiliating with cryptocurrency exchanges due to regulatory concerns. Both Mastercard and Visa have announced plans to increase merchant fees...

In a series of developments that highlight the growing significance of the Japanese cryptocurrency market, both the EOS Network Foundation and Binance Japan have announced major strides in expanding their presence in the country. The EOS Network Foundation on Wednesday announced that the...

Cryptocurrency exchange Binance is reassessing its operations in Russia, contemplating potential strategies including a complete departure from the market that once held significant value but has since become problematic. A representative from the company told The Wall Street Journal, "...

A significant amount of the Pepe (CRYPTO: PEPE) meme coin, valued in the millions, was observed entering crypto exchanges on Thursday. This sudden influx alarmed investors, leading to a decline in its price and raising concerns about unusual activities related to the project's multisig,...

Ethereum (CRYPTO: ETH) whales on Thursday took advantage of the drop in crypto markets to accumulate their holdings. What Happened: Lookonchain reports that four entities collectively acquired $94 million worth of ETH over the course of the past week. https://twitter.com/lookonchain/status/...

The previously unidentified address that accumulated more than $3 billion in the world's largest digital currency over the past three months and now recognized as the third largest Bitcoin (CRYPTO: BTC) wallet, has been identified. It allegedly belongs to Robinhood Markets Inc. (...

Binance will be discontinuing its crypto-backed debit card for users in Latin America and the Middle East. This card, similar to traditional debit cards, allowed Binance's users to cover everyday expenses. However, it was unique in that it was funded with cryptocurrency assets. Also Read:...